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Challenges to Restore Public Confidence in U. S. Corporate Governance and Accountability Systems

By General Accounting Office

Government Accountability Integrity Reliability Office Collection

Excerpt: There was general agreement among the participants that the root causes of the accountability breakdowns are systemic in nature, complex, and will require leadership and alterations to the current models in each of the four interrelated areas to transition to an overall system that is more focused on protecting the public interest and, in that regard, accountability. They also agreed that considerable actions have been taken and/or proposed towards achieving those objectives, but that having the ?right people? and ?stakeholders? involved was critical to successfully achieve and effectively maintain the necessary reforms. Several other key observations follow...


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